SDV International Logistics sold its existing building at 17401Aldine Westfield Rd. to locally-based WELL Worldwide EnergyLogistics Inc., another freight forwarding firm, according to KyleValentine, co-managing partner – Houston for Stream RealtyPartners, L.P. He and Justin Robinson represented AMB PropertyCorp., while Caleb Lawson of The Lawson Group represented SDVInternational Logistics.

SDV International Logistics' new Houston facility was formerlyoccupied by Agility Inc., another air freight forwarding companythat expanded roughly 12 months ago into a build-to-suit facilitythat was developed by AMB Property Corp.

"On a global basis, the air freight forwarding industry hasstruggled during this recession, but the companies in Houston havebeen able to weather that storm pretty well, primarily because theenergy sector has been pretty resilient," Valentine says. "Theexpansion and movement of these companies reflects that fact."

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.